Hello Clients, Family & Friends.  

I hope you all are healthy and safe.

 if you are interested in selling your property now is the time with low inventory for sale & high demand to buy call or text me at  

(305)923-0239 |  Sharkkeyflorida@gmail.com   Don’t hesitate to contact me  and allow me to help guide you through the process!  

Under Contract:

46 Cannon Royal Drive  

Properties for sale:

49Cannonroyal.com

52Cannonroyal.com

66Cannonroyal.com

Joanne

We continued to see low supply, fewer new listings, mix that with increased demand and that leads to upward pressure on prices.

Click on the "Market Review" photo for a deep dive into market trends for all the Florida Keys and then broken down by regions.  Key West to Shark Key, North of Shark Key to Big Pine Key, the Middle Keys including Marathon and Key Colony Beach and then the Upper Keys.  Interest rates and inventory continue to push the residential real estate market forward. 

As always for the most accurate and updated data trends on your island or for your property, reach out to Joanne Allen today at (305)923-0239

The creators of this home made sure they checked ALL of the boxes. 5 bedrooms, 5.5 baths, 3 first floor primary suites, guest cottage, 2 driveways, garage and with over 10,000 square feet of breathtaking landscape! Like a make-believe world but real, this home contains perfectly dressed and accessorized spaces that create their own, charmed world. Directly in the center of Old Town on one of the finest streets, it belonged to one of Key West's founding families for generations before being salvaged and lovingly renovated by the current owners. Sparing no expense, they modernized all the inner workings (security, control systems, storm-proofing, structural elements) but mined the past for craftsmanship and aesthetic elements. The décor is alternately majestic (with statement furniture like an oversized desk; king-size four-poster beds, and oversized cabinets brimming with enough glassware and china for a banquet) and girlishly playful, with toile, ruffles, valances, pompoms, pillows, and joyful combinations of candy-colored patterns everywhere the eye lands. It's a house filled with abundance and exuberance, waiting to welcome the entire, extended family and their friends. It is a house full of smiles, and a place for all ages to play. Every room will inspire some kind of timeless enjoyment, whether it's perusing books, soaking in the heated saltwater pool, cooking, grabbing a bike to tour Old Town, or simply gathering for hours of conversation and relaxation with iced tea or margaritas. If you're looking for a home that will inspire the imagination and create the eternal memories, this is the one. Original, Dade County Pine walls have been preserved to perfection, as have elegant crown moldings and spindled staircases. It's nothing short of an architectural gem, from the main house to the cottage and garage that lie beyond the beautiful pool and spa. Lots of covered porch and deck area for relaxing and entertaining and even a fireplace!

BERKSHIRE HATHAWAY HOMESERVICES KEYS REAL ESTATE | KNIGHT & GARDNER REALTY| FREEWHEELER REALTY NAMED ONE OF BERKSHIRE HATHAWAY HOMESERVICES NETWORK’S TOP 50 COMPANIES

Key West, FL (March 22, 2021) -- Berkshire Hathaway HomeServices Keys Real Estate | Knight & Gardner Realty | Freewheeler Realty is pleased to announce that it has been recognized with the Berkshire Elite Circle Award as one of the Top 50 companies in the Berkshire Hathaway HomeServices network in 2020. Berkshire Hathaway HomeServices is one of the world’s fastest-growing residential real estate brokerage franchise networks, with more than 50,000 real estate professionals, nearly 1,500 offices throughout the United States, Canada, Mexico, Europe and the Middle East.

The company, which ranked No. 38 was recognized virtually during special awards ceremonies at Berkshire Hathaway HomeServices’ annual Sales Convention.
 

“We are thrilled to be recognized among the best companies of the Berkshire Hathaway HomeServices’ network. This prestigious award is a testament to our excellent service and outstanding client satisfaction, as well as earning our place as producers in our industry,” said Will Langley (Keys Real Estate – Knight & Gardner Realty – Freewheeler Realty)

About Berkshire Hathaway HomeServices Keys Real Estate | Knight & Gardner Realty | Freewheeler Realty Established in 1957, we are Key West’s oldest real estate company and have earned recognition as one of the most well-respected realty companies in the Keys. In fact, our company has been voted the Key West People's Choice Awards Winner for Best Real Estate Company the last four years in a row 2017, 2018, 2019 & 2020! One key to our success is our team. They are professionals who are committed to making your real estate experience a pleasant and smooth one. We are proud of our team and their multi-billion dollars of experience with our firm. If it involves real estate, it will involve us, thanks to our local, national, and international exposure.

About Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServices is one of the world’s fastest-growing residential real estate brokerage franchise networks, with more than 50,000 real estate professionals, nearly 1,500 offices throughout the U.S., Canada, Mexico, Europe and the Middle East, and more than $138 billion in real estate sales volume. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the real estate market a definitive mark of trust, integrity, stability and longevity.

By the end of 2020, the number of homes listed for sale in the U.S. reached an all-time low. Supply sank below 700,000 homes nationwide, according to realtor.com^®'s Monthly Housing Trends Report, and that was before the availability of COVID-19 vaccines. With consumers euphoric, it’s possible the spring homebuying season could have even less inventory available. If you want to buy a home, what do you do if there’s little to no supply? Follow these suggestions:   

Trust your Berkshire Hathaway HomeServices network professional. Having a good relationship with a knowledgeable agent is your best chance at finding a home to buy. He or she has resources you don’t have including personal or networking knowledge of people who are interested in selling their homes. He or she can search for bank foreclosures or rental properties through their contacts and show you homes that aren’t on the multiple listing service.  Wouldn’t it be great if you could buy a home before it comes to the market?

Be flexible. You’re lucky if you come close to finding the perfect home, but most homebuyers compromise on something – size, area, price, of features. Let your agent show you some alternatives that could work well for you. A smaller home can be expanded to suit your needs, for example.

Be patient. After more than a decade of rising home prices, including double-digit price increases in 2020, demand looks unlikely to end, so trust the process and know it’s just as challenging for other homebuyers.

Typically, buyers include a home inspection contingency in their purchase offer that allows them to ask the sellers for repairs and get out of the contract if the seller refuses. The seller can respond in several ways.

• They can readily agree to fix the problem, no matter how expensive.

• They can agree to fix any problem that’s a safety or potential legal issues, such as mold or radon remediation, but decline minor repairs such as filling in and painting over picture hanger holes in the wall.

• They can refuse to fix anything, but risk losing the buyer. For safety or code issues, they’ll have to declare the problem on subsequent seller’s disclosures, which could impact the home’s value to future buyers.

• They can offer to lower the price of the home to cover the cost of the repair for the buyer or offer a closing credit to the buyer to pay for the repair without lowering the price of the home. That way the buyer can complete the repair to their liking.

• They can ask the buyer to meet them halfway, such as paying more for the home if the seller repairs something major, or replaces the roof.

• They can ask the buyer to waive additional repair requests if the seller will fix the worst or most expensive problem.

Sellers should know that FHA, VA and other government-guaranteed loans have stricter requirements for home safety and that some repairs are mandatory for the buyer’s loan to close.

"Helping our community, one family at a time."
 

ABOUT WESLEY HOUSE

Wesley House Family Services is a nationally accredited not-for-profit organization dedicated to protecting and nurturing children and strengthening families with services spanning Monroe County, Florida.

WESLEY HOUSE MISSION

Promoting and enhancing the safety, well-being and development of children by educating, supporting and meeting the needs of families.

WESLEY HOUSE VISION

To develop and encourage a more child caring community.

For additional information on the Wesley House, to become a volunteer or donate visit them at www.wesleyhouse.org